Budget Battles
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After Late Drama, Trump Signs $2 Trillion Coronavirus Bill
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What’s in the $2 Trillion Coronavirus Relief Deal
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The Largest Aid Package in US History
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Senate Fails Again on Coronavirus Relief Bill
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A Coronavirus Depression??
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Senate Rolls Out Massive Coronavirus Stimulus Plan
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Cash for Everyone? Congress Eyes Coronavirus Payments
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After Late Drama, House Passes — and Trump Signs — $2 Trillion Coronavirus Bill
The House of Representatives approved a massive, $2 trillion coronavirus relief package and President Trump signed it into law Friday afternoon, but not without some late drama that threatened to...
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Answers to Your Questions About the Coronavirus Direct Payments
By Michael RaineyMillions of Americans — and many of our readers — are wondering what kind of check they’ll be getting from the Treasury as part of the emergency aid package that is expected to become law as soon as...
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Breaking Down the Costs of the $2 Trillion Coronavirus Rescue Package
The nearly 900-page coronavirus relief package passed by the Senate late Wednesday night includes some $2.3 trillion in costs , according to the The Committee for a Responsible Federal Budget, though...
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What’s in the $2 Trillion Coronavirus Relief Package
By Michael Rainey and Yuval RosenbergCongressional leaders and the Trump administration agreed early Wednesday morning to a massive $2 trillion aid package designed to support individuals and businesses struggling amid the coronavirus...
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Congress Closes In on a $2 Trillion Coronavirus Deal
Congressional negotiators and the Trump administration are nearing a bipartisan agreement on a massive coronavirus relief bill totaling nearly $2 trillion — a spending package that would be far and...
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Senate Fails Again on Coronavirus Relief Bill
They still don’t have a deal. For the second time in two days, Senate Democrats on Monday blocked a nearly $2 trillion coronavirus relief package, as a four-day-long scramble to finalize the...
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Biden Slams Trump's Coronavirus Response
Where’s Joe Biden? The Democratic presidential frontrunner has faced questions over his lack of visibility in recent days as the coronavirus crisis has grown. On Monday, in what was reportedly his...
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Senate Leaders Scramble for Deal on Massive Stimulus Plan
Top lawmakers and the White House scrambled Friday to negotiate a massive, bipartisan stimulus package to address the widespread economic fallout of the coronavirus pandemic, aiming to bridge some...
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Why a Coronavirus Stimulus of More Than $1 Trillion May Not Be Enough
As Congress scrambles to prepare a package of $1 trillion or more to help counter the vast economic destruction of the coronavirus pandemic, a growing chorus of economists is warning that much more...
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Hospitals Say They Need $100 Billion
By Michael RaineyProfessional groups representing hospitals, doctors and nurses say they need $100 billion to help pay for the surge in expenses related to the Covid-19 outbreak. In a letter to Congress Thursday, the...
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Mnuchin and McConnell Say Cash for Companies Is Not a ‘Bailout’
Treasury Secretary Steven Mnuchin and Senate Majority Leader Mitch McConnell both emphasized Thursday that federal aid to big businesses such as airlines planned as part of the administration’s...
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Trump Supports Government Equity Stakes in Businesses That Get Bailout Funds
President Trump said Thursday that he supports the controversial idea of having the government take equity stakes in some companies that receive federal funds as part of the coronavirus stimulus...
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How Much Would It Cost to Send Americans Coronavirus Relief Checks?
By Michael RaineyAnalysts at the Committee for a Responsible Federal Budget did some quick calculations on the cost of sending Americans checks as part of a massive government effort to support the economy during the...
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McConnell Releases Senate GOP’s Four-Part Coronavirus Stimulus Plan
Senate Majority Leader Mitch McConnell on Thursday introduced the Republican plan for the next phase of economic response to the coronavirus pandemic, setting the stage for talks with Democrats as...
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What’s in the Trump Administration’s $1 Trillion Stimulus Plan
Senate Republicans are racing to pull together a massive economic stimulus plan, the third phase of Congress’s coronavirus relief efforts, following an $8.3 billion emergency funding bill and the...